Tag: Credit Crunch

Bail Out My Student Loan

This really irks me.  I had a bit of a rant in 2008 about the federal government bailing out delinquent home owners (Bail Out My Mortgage) and […]

Mexican Central Bank Currency Intervention

Since the events toward the end of last summer emerging market currencies have been taking an absolute beating.  Mexico, Brazil, Hungary, you name it…  The […]

Exxon Sets New Profit Record

The fact that Exxon just broke its own profit record in these dire financial times is a noteworthy achievement.  Given where oil was trading throughout […]

Mortgage Rates Left Behind

Americans seeking mortgages aren’t getting the full benefit of record low yields on Treasuries and government-supported mortgage bonds, blunting U.S. efforts to curb the housing […]

Salary Caps Make Me Laugh

Anyone paying even moderate attention to the headlines during all these bailout and bankruptcy hearings will be aware of the focus that’s been placed on […]

Are You Looking For A Job Or A Calling?

Written by Michael Lewis Recently I received a letter from a young employee of a well-known financial firm, who asked that I not mention his […]

Are You Looking For A Job Or A Calling: Responses

A selection of excerpted responses to Michael Lewis’s “Job Versus Calling” article posted above.  I’ve kept the typography true to the senders, while their names are […]

S&P Moves

The number of days the S&P 500 has moved up or down more than 5% during the trading day: 1950 – 2006 = 34 days […]

“Good To Great” Index Not So Great…

Circuit City Stores and Fannie Mae show that companies singled out as great don’t necessarily make worthwhile investments.  The companies were among 11 featured seven […]

Bail Out My Mortgage

I’ve kept quiet about this for quite some time.  Mostly because it’s probably a pretty sensitive topic for some people.  But, well, I can’t control […]

Circuit Breakers Kick In

I meant to put this up last Friday but got a little tied up…  Anyway, there’s been a lot of markets halted since this whole […]

Iceland Rescued?

A follow up to the post I put up about Iceland’s woes: Icelandic Freeze Iceland and the International Monetary Fund will probably announce an agreement […]

Timeline: Global Credit Crunch

An interesting credit crunch timeline from BBC, thanks Ché Garcia (click on the image below for the full article).

Icelandic Freeze

This is a bit of an eye-opening story I read this morning.  For a country completely isolated out there in the Alantic it’s a very […]

Central Bank Execution-Style Rate Cuts

The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an unprecedented coordinated effort to ease the economic effects of […]

European Versus US Bank Leverage

There’s a lot of talk about leverage so here’s a comparison of assets versus equity.  Assets are from end of financial year, and they don’t […]